Regulator sues major banks over subprime bonds
A regulator sued 17 large banks and financial institutions on Friday over losses on about $200 billion of subprime bonds, which may hamper a broader government settlement of the mortgage mess left over from the housing crisis.
Job growth stalls, fuels recession fears
Employment growth ground to a halt in August, reviving recession fears and piling pressure on both President Barack Obama and the Federal Reserve to provide more stimulus to aid the frail economy.
Google Interested in Motorola Brand, Not Just Patents: Schmidt
Google’s acquisition of Motorola, in early August, generated reports stating Google’s interest in gaining access to the hardware company’s gamut of 17,000 patents.
Spain 3-2 Chile - Match Highlights (VIDEO)
It was an entertaining International friendly between Spain and Chile as the world champions had to work hard to secure a 3-2 comeback victory at the Stade de Geneve in Switzerland.
Top 8 Android Apps of All Time
Though Android’s market has fewer number of apps compared to Apple’s app store, there are quite a few appealing ones, which may make you grab the smartphones based on Android operating system.
Global Economy in Danger Zone - World Bank Chief
The world economy is stepping into a new danger zone, World Bank President Robert Zoellick said on Saturday, as growth slows and investor confidence weakens.
Apple hunted lost item - clue points to new iPhone
San Francisco police said on Friday they had helped Apple Inc security search for a lost item, following a week of reports that a prototype of the newest iPhone had gone missing in July.
Canadian authorities probing employees of SNC-Lavalin Group
Canadian authorities are investigating employees of SNC-Lavalin Group Inc for possible corruption involving a $1.2 billion World Bank bridge project in Bangladesh, a bank spokesman said on Friday.
Dealers see chance of Fed's Operation Twist: Reuters poll
Wall Street sees an 80 percent chance the Federal Reserve will intervene in the bond market to lower long-term interest rates, according to a Reuters poll, after a report showed the U.S. jobs crisis deepened in August.
Global economy in danger zone: Zoellick
The world economy is stepping into a new danger zone, World Bank President Robert Zoellick said on Saturday, as growth slows and investor confidence weakens.
Ex-employee sues Borders over mass layoffs
A Borders Group Inc unit failed to give its workers proper notice of mass layoffs when it announced plan to liquidate in July, a new lawsuit alleges.
World Bank says Canada probing employees of SNC-Lavalin Group
Canadian authorities are investigating employees of SNC-Lavalin Group Inc for possible corruption involving a $1.2 billion (739.8 million pounds) World Bank bridge project in Bangladesh, a bank spokesman said on Friday.
Amazon tablet coming November at $250: TechCrunch
Amazon.com Inc plans to unveil a cheaper, smaller $250 rival to Apple Inc's iPad tablet device in November, industry blog TechCrunch reported on Friday.
Assange wanted WikiLeaks U.S. cables released months ago
WikiLeaks founder Julian Assange late last year told associates his website's entire cache of U.S. diplomatic cables must somehow be released, according to a written record of the discussion.
U.S. loses video game jobs to Quebec
Outside, the sun is shining, but it is dark in the production room where more than 150 Ubisoft artists, animators and engineers are racing to finish the latest edition of Assassin's Creed, one of this holiday's hotly anticipated games.
Labor market woes sink Wall Street
Stocks tumbled 2 percent on Friday after data showing zero jobs growth in August brought investors face-to-face with the prospect of another recession.
WikiLeaks Assange wanted U.S. cables released months ago
WikiLeaks founder Julian Assange late last year told associates his website's entire cache of U.S. diplomatic cables must somehow be released, according to a written record of the discussion.
'Arrested' actor lands role on 'Modern Family'
Things are about to get a little bit Funke-y on Modern Family.
Enquirer sued for defamation in Caylee Anthony case
A Florida meter reader is coming to collect from the National Enquirer, and he's looking for a lot more than a few quarters.
Chinese artist Ai Weiwei wins fans in Los Angeles
Dissident Chinese artist Ai Weiwei is living a heavily restricted life in Beijing after being released from detention earlier this year, but his work is speaking volumes to people in the second-largest U.S. city.
WikiLeaks' Assange wanted U.S. cables released months ago
WikiLeaks founder Julian Assange late last year told associates his website's entire cache of U.S. diplomatic cables must somehow be released, according to a written record of the discussion.
U.S. regulator sues major banks over subprime bonds
A U.S. regulator sued 17 large banks and financial institutions on Friday over losses on about $200 billion of subprime bonds, which may hamper a broader government settlement of the mortgage mess left over from the housing crisis.
Murdoch and son get big bonuses, James declines
News Corp awarded Rupert Murdoch and his son James big compensation increases, though James declined his bonus, citing controversy over a phone hacking scandal at the UK newspaper unit that he oversees.
Assange months ago wanted all WikiLeaks U.S. cables released
WikiLeaks founder Julian Assange late last year told associates his website's entire cache of U.S. diplomatic cables must somehow be released, according to a written record of the discussion.
Market expects Operation Twist in September
U.S. government bond investors see Federal Reserve action to boost the flagging economy as practically a done deal after Friday's dismal jobs report.
Oprah to conduct first live chat on Facebook
Talk show queen Oprah Winfrey will be doing her first-ever live chat with social media website Facebook on Thursday, Sept 8.
Obama Backtracks on Smog Plan, Bows to Big Business
President Barack Obama put a stop on Friday to new rules that would limit smog pollution, unexpectedly reversing course on a key policy measure after businesses said it would kill jobs and cost them billions of dollars.
Jobs woes sink Wall Street
Stocks tumbled 2 percent on Friday after data showing zero jobs growth in August brought investors face-to-face with the prospect of another recession.
BNY Mellon grants ex-CEO Kelly $33.8 million in pay
Bank of New York Mellon Corp has agreed to pay $33.8 million in severance and benefits to Robert Kelly, who stepped down as chief executive this week after disagreeing with the board over how to manage the company.
Mitt Romney Promises bold Jobs Plan
Mitt Romney promised on Friday to propose a bold jobs plan that seeks cuts in federal spending and business taxes, a reduction in burdensome regulations and a balanced budget.